S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
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Russia accused of 'kidnapping' head of Ukraine nuclear plant
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
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Danish Energy Agency says Nord Stream 2 gas pipeline under Baltic Sea appears to have stopped leaking gas
UK train strikes and energy hikes add to a week of turmoil
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NIH to fund unproven ALS drugs under patient-backed law
Russia blindfolds, detains Ukraine nuclear plant chief
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Want to Increase Your Conversion Rates? This Is the Biggest Threat to Your Success.
An All-In-One Guide for Trading Metals (Ad)pixel
Russia accused of 'kidnapping' head of Ukraine nuclear plant
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
An All-In-One Guide for Trading Metals (Ad)pixel
Danish Energy Agency says Nord Stream 2 gas pipeline under Baltic Sea appears to have stopped leaking gas
UK train strikes and energy hikes add to a week of turmoil
An All-In-One Guide for Trading Metals (Ad)pixel
NIH to fund unproven ALS drugs under patient-backed law
Russia blindfolds, detains Ukraine nuclear plant chief
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Want to Increase Your Conversion Rates? This Is the Biggest Threat to Your Success.
An All-In-One Guide for Trading Metals (Ad)pixel
Russia accused of 'kidnapping' head of Ukraine nuclear plant
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
An All-In-One Guide for Trading Metals (Ad)pixel
Danish Energy Agency says Nord Stream 2 gas pipeline under Baltic Sea appears to have stopped leaking gas
UK train strikes and energy hikes add to a week of turmoil
An All-In-One Guide for Trading Metals (Ad)pixel
NIH to fund unproven ALS drugs under patient-backed law
Russia blindfolds, detains Ukraine nuclear plant chief
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Want to Increase Your Conversion Rates? This Is the Biggest Threat to Your Success.
An All-In-One Guide for Trading Metals (Ad)pixel
Russia accused of 'kidnapping' head of Ukraine nuclear plant
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
An All-In-One Guide for Trading Metals (Ad)pixel
Danish Energy Agency says Nord Stream 2 gas pipeline under Baltic Sea appears to have stopped leaking gas
UK train strikes and energy hikes add to a week of turmoil
An All-In-One Guide for Trading Metals (Ad)pixel
NIH to fund unproven ALS drugs under patient-backed law
Russia blindfolds, detains Ukraine nuclear plant chief

Ford Races Higher: Has The Stock Finally Bottomed?

Ford Races Higher: Has The Stock Finally Bottomed? Ford (NYSE: F) may be in “buy the dip” mode, judging by its year-to-date decline of 38.42%. 

Since rebounding from its July 5 session low of $10.61, the stock is up 18.66%. Does that mean the stock has bottomed and it’s time to jump back into the driver’s seat?

Not so fast.

Even if a stock appears to be in rally mode, it’s wise to consider other factors that may affect your return, particularly if you’re considering a swing trade rather than a long-term hold. 

For starters, if you’re eyeing a company, check whether it’s reporting earnings soon. Ford is slated to deliver second-quarter results on July 27. 

According to MarketBeat earnings data, Wall Street expects Ford to earn $0.44 per share. Revenue is seen coming in at $34.29 billion. Both represent growth over the year-ago quarter.

Ford missed earnings estimates in the past two quarters. In addition, earnings slowed in the past three quarters, on a year-over-year basis. 

Traditional rival General Motors (NYSE: GM) also suffered earnings slowdowns, while more trendy Tesla (NASDAQ: TSLA) has been growing income at triple-digit rates in the past five quarters. Tesla’s revenue grew between 39% and 98% in each of the past seven quarters. 

Does that disparity suggest that Ford and General Motors are doomed to lag Tesla’s all-electric vehicle strategy?

Revving Up The F-150 Engine 

Ford management hasn’t fallen asleep at the wheel. The company is rolling out the 2023 Ford F-150 Raptor R, a pickup truck that boasts a 700 horsepower engine. Ford fanboys and girls will pay a hefty price for that, with the pickup carrying a minimum list price of $109,145. While buyers have grown accustomed to pricey EVs, this fossil-fuel-powered vehicle is in a price class of its own. 


Of course, it remains to be seen whether that price can attract enough buyers to make the product a hit, or whether it’s just a flashy marketing gimmick. 

Not everything at Ford is speeding down the highway. The company is recalling 100,680 hybrid vehicles, including the Ford Escape, Lincoln Corsair and Ford Maverick, due to the potential for engine compartment fires. 

Even so, the stock climbed 5.27% Tuesday in heavier-than-normal trading volume. That marked Ford’s third session in a row with gains. 

Analysts’ consensus rating on Ford is a “hold,” with a price target of $17.94, a 42.53% upside over where the stock is currently trading. Remember, the price target itself should be viewed separately from the analyst rating. The price target can represent a longer-term view, meaning investors may have to wait 18 months before the stock reaches - or fails to reach - that target. A lot can happen in 18 months, including purchasing a stock that languishes, while incurring an opportunity cost from investment ideas you rejected.

For the year, Wall Street has pinned earnings at $1.92 per share, a 21% gain over 2021. Next year, that’s seen growing another 6%, to $2.03 per share. 

Ford Vs. The S&P 500

So how does Ford power up, when compared to the broader market? 

It’s lagging its index, the S&P 500, which is down 20.20% so far this year. In addition, the stock’s shorter-term moving averages, such as the 10-day, 21-day, and 50-day lines, are below the longer-term 200-day line. That’s been the case since April. 

That type of weakness isn’t necessarily the best time to buy into a single stock, because you’re adding risk before the stock has proven it’s in a sustained rally. In addition, a broader market and industry-specific weakness can also drag down a stock, even if it seems like it’s beginning a rally. 

On a brighter note, Ford closed above its 50-day line Tuesday, for the first time since January. In addition, the stock gapped up at the open and held its gains in each of the past three sessions.

Nonetheless, it’s always the case that a single stock carries greater risk than a basket of stocks, and if you’re going to make a purchase, it better be something you have a high degree of conviction about. 
Ford Races Higher: Has The Stock Finally Bottomed?

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Ford Motor (F)
2.8387 of 5 stars
$11.20-2.4%5.36%3.92Hold$18.18
General Motors (GM)
2.8666 of 5 stars
$32.09-3.5%1.12%6.09Moderate Buy$55.28
Tesla (TSLA)
2.2997 of 5 stars
$265.25-1.1%N/A95.87Hold$285.93
Compare These Stocks  Add These Stocks to My Watchlist 

7 Railroad Stocks to Keep Your Portfolio Chugging Along

Railroad stocks aren't the most glamorous of choices. Moving items from point A to point B is not supposed to be. In fact, it's something that most of us take for granted. That predictability, however, is why there's room for these stocks in every portfolio.

You can say the world has become smaller. And there's no question that airplanes and last-mile delivery play a significant role in the global economy. But there's still a significant role for railroads. To begin with, they can transport some things that other forms of transport cannot. Second, there will always be demand for rail freight.

And railroad stocks pay you to own them because of the dividend. Like utility stocks, many of these companies offer stable dividends which, in some cases have increased over time.

In this presentation, we're looking at seven railroad stocks that can help provide your portfolio with consistent income and a little growth when the economy is strong.

View the "7 Railroad Stocks to Keep Your Portfolio Chugging Along".

Kate Stalter

About Kate Stalter

Contributing Author: Retirement, Asset Allocation, and Tax Strategies

Kate Stalter is a Series 65-licensed asset manager, with more than two decades of experience in various areas of financial services. As an investment advisor and financial planner, Kate personally manages client portfolios, with a focus on successful retirement, including asset allocation, income generation and tax strategies. Kate also serves as a capital-markets contributor at Forbes.com, and is an expert columnist for the investment advisory channel at U.S. News & World Report.
Contact Kate Stalter via email at stalterkate@gmail.com.
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